Search
Menu
CASTECH INC - New Building the Bridge of Light

Federal Trade Commission Brings Antitrust Charges Against Visx, Summit

Facebook X LinkedIn Email
The Federal Trade Commission has started an administrative enforcement proceeding against Summit Technology Inc. in Waltham, Mass., and Visx Inc. in Santa Clara, Calif. The proceeding is related to a complaint that accuses the firms of improperly sharing fees charged to doctors who use equipment made by either company. Visx and Summit make the only two FDA-approved laser systems used in a medical procedure known as photorefractive keratectomy, which corrects nearsightedness by reshaping the cornea. Each time a system is used, the doctor is billed $250. Several years ago, the two firms...Read full article

Related content from Photonics Media

    Published: May 1998
    As We Go To PressBreaking NewsPresstime Bulletin

    We use cookies to improve user experience and analyze our website traffic as stated in our Privacy Policy. By using this website, you agree to the use of cookies unless you have disabled them.